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iHeartMedia, Inc., or CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. [2] It is the holding company of iHeartCommunications, Inc., formerly Clear Channel Communications, Inc., a company founded by Lowry Mays and Red McCombs in 1972, and later taken private by Bain Capital and Thomas H. Lee Partners in a leveraged buyout in 2008.
Clear channel may refer to: iHeartMedia, a US broadcasting company formerly known as Clear Channel Communications. Clear Channel Outdoor, an advertising company formerly a subsidiary of iHeartMedia. Clear-channel station, a regulatory category of AM broadcast stations in North America.
The TV stations formerly owned by Clear Channel were sold to Providence Equity Partners, a private equity firm, on April 23, 2007, with the deal closing in late November 2007. 185 radio stations were to have been sold to GoodRadio.TV LLC until the sale fell apart over financing., [1] [2] and another 177 stations have been sold to other entities ...
What: Shares of billboard company Clear Channel. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support ...
A clear-channel station is a North American AM radio station that has the highest level of protection from interference from other stations, particularly from nighttime skywave signals. This classification exists to ensure the viability of cross-country or cross-continent radio service enforced through a series of treaties and statutory laws.
About Clear Channel Media and Entertainment With 239 million monthly listeners in the U.S., Clear Channel Media and Entertainment has the largest reach of any radio or television outlet in America.
Ackerley announced its sale to Clear Channel Communications on October 8, 2001; [2] the merger was completed on June 14, 2002. [3] At the time of the closure of the transaction, the sale price was reported to be 38 times cashflow (approximately $1.1B USD), the highest ever sale valuation for a North American publicly traded media company in the ...
In 1998, Jacor was purchased by Clear Channel Communications, now iHeartMedia, for $2.8 billion. [1] Jacor Communications began with three religious stations and went on to acquire dozens of radio stations between 1992 and its sale to Clear Channel in 1999. It also owned a few television stations, including WKRC-TV in Cincinnati.